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Dec 6, 2012
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starbucks has thousands of stars in the americans, but it's also investing in china. how china is quickly becoming the company's fastest growing market, and why star buck has agreed to pay more tacks in the united kingdom. nded back in 189, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ >>> responding to a public outcry from across the pond. starbucks executives says the coffee company will pay more taxes in the company starting next year. the payments will amount to about $16 million u.s. starbucks along with google and amazon have been using legal loopholes to minimize their corporate taxes in britain. execs of all three companies recently got a public -- >> despite the fact that starbucks, how much money it makes. it's kind of like a drop in the bucket. >> well, yeah. yesterday we pointed out that betw
starbucks has thousands of stars in the americans, but it's also investing in china. how china is quickly becoming the company's fastest growing market, and why star buck has agreed to pay more tacks in the united kingdom. nded back in 189, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of...
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Dec 29, 2012
12/12
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china is not a testimony democracy. they have a centralized government and what they're watching is some of the confusion that exists in democracy. democracy has a lot of advantages, but making decisions quickly is not one of them. >> all right. how about treasury secretary tim geithner? he says we are about to hit that debt ceiling, the legal limit at which a country can borrow money to pay its bills. and that has as much effect on markets as the cliff, correct? >> absolutely. and maybe even more. because the worst thing that could happen is that we stop paying our bills. the world is willing to give us money to help us pay our bills, the world is willing to accept a lot of things. but if the u.s. government stops paying its bills because it has hit the debt ceiling, that could be disastrous. that would mean clearly an entry into a recession and a lot of unemployment. because that would cause the faith and credit of the u.s. to be put in jeopardy. >> thank you very much for talking to us. and as demonstrated, the fisca
china is not a testimony democracy. they have a centralized government and what they're watching is some of the confusion that exists in democracy. democracy has a lot of advantages, but making decisions quickly is not one of them. >> all right. how about treasury secretary tim geithner? he says we are about to hit that debt ceiling, the legal limit at which a country can borrow money to pay its bills. and that has as much effect on markets as the cliff, correct? >> absolutely. and...
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you are using cheap labor in china. not going to have that in the united states and also you're talking about adding infrastructure costs. how that might impact the bottom line, you know, remains to be seen and tim cook made it clear this is not a financial move necessarily. this is a move to really bring back jobs to the united states and do something positive for the american economy. >> yeah. i guess i say hopefully. precisely the point. so many people want the jobs in this country. thank you. >>> all right. hour two. welcome back. i'm brooke baldwin. concerns rising over chemical weapons sites in syria and first time defense secretary panetta says the most recent intelligence he has raises serious concerns. >> the whole world is watching. the whole world is watching very closely and the president of the united states has made very clear that there will be consequences. there will be consequences if the assad regime makes a terrible mistake by using these chemical weapons on their own people. >> we're going to talk a
you are using cheap labor in china. not going to have that in the united states and also you're talking about adding infrastructure costs. how that might impact the bottom line, you know, remains to be seen and tim cook made it clear this is not a financial move necessarily. this is a move to really bring back jobs to the united states and do something positive for the american economy. >> yeah. i guess i say hopefully. precisely the point. so many people want the jobs in this country....
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Dec 11, 2012
12/12
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and china is ready to overtake the u.s. sooner than you think. first, forget the fiscal cliff, because the economy is coming back. americans are feeling more optimistic about 2013 and if we play our cards right, we're going to see a new economic renaissance. td ameritrade recently surveyed folks on their outlook for the new year. 43% say they're downright optimistic about the economy and believe we're headed for a rebound. 45% are feeling good about their own finances, but we already know that things are starting to get better. look, we're adding jobs every month, consumer debt continues to shrink. stock markets are up. longer term, though. america will reap the rewards of its domestic energy boom and more oil and gas gets extracted. the drop in the price of natural gas is already helping utilities and factories compete. that's creating more american jobs. and there is more. housing will be the golden lining to the economic cloud that is hanging over this country. mortgage rates are at historic low and should stay that way for the next two years
and china is ready to overtake the u.s. sooner than you think. first, forget the fiscal cliff, because the economy is coming back. americans are feeling more optimistic about 2013 and if we play our cards right, we're going to see a new economic renaissance. td ameritrade recently surveyed folks on their outlook for the new year. 43% say they're downright optimistic about the economy and believe we're headed for a rebound. 45% are feeling good about their own finances, but we already know that...
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Dec 13, 2012
12/12
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all chrysler said is it may make extra jeeps in china. here's what i said about romney's surprising misunderstanding of the auto industry back then. >> for decades and decades and decades, american auto companies have made cars in the countries or the regions in which they sell them. i want to remind americans when they buy toyotas and hondas and hyundais and nissans in america that are assembled here, back home somebody said why are you shipping our jobs to america? it shows a misunderstanding by the romney camp to try and get under people's nails about jobs and cars being made elsewhere. >> christine didn't see that coming and got stuck listening to my rant. they knew all of this very well and chrysler immediately denied the claim and romney stood by his ad. i don't need to tell you what an important swing state ohio is. there may be a host of reasons he department carry the state in the end, but his stunt didn't help. he tried to deceive ohioans and it backfired. mitt romney lost his best chance at the white house. the lie of the year
all chrysler said is it may make extra jeeps in china. here's what i said about romney's surprising misunderstanding of the auto industry back then. >> for decades and decades and decades, american auto companies have made cars in the countries or the regions in which they sell them. i want to remind americans when they buy toyotas and hondas and hyundais and nissans in america that are assembled here, back home somebody said why are you shipping our jobs to america? it shows a...
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Dec 12, 2012
12/12
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regret from china? >> china has been their backer, tried to support them quietly in all these talks. but for them to come out today and say we regret that this happened -- >> north korea further isolating themselves. >> further isolating themselves and look at this from another perspective they didn't fire it anywhere close to japan because the japanese have set up anti-ballistic missiles and they have told the north koreans, we will shoot them down. remember what the fundamentals are of this north korean missile program. first of all, they'll sell it to anybody that has the cash. but second of all, it is blackmail. give us money for food, give us money for technology, give us money, give us energy, give us oil, otherwise we may kill a whole lot of people. we're going to be out there with that threat and they will be appeased. strategy isn't working with the south koreans. isn't working with the japanese. other asians are now lining up. they're looking at all of this and saying, we can't allow this. thi
regret from china? >> china has been their backer, tried to support them quietly in all these talks. but for them to come out today and say we regret that this happened -- >> north korea further isolating themselves. >> further isolating themselves and look at this from another perspective they didn't fire it anywhere close to japan because the japanese have set up anti-ballistic missiles and they have told the north koreans, we will shoot them down. remember what the...
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Dec 29, 2012
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takes this plodding economy into possibly an economy that's doing quite badly in a world, martin, where china is doing not as well, brazil isn't, india, europe's at a standstill. we can't afford this. it's that intangible that's more serious than how much you pay in taxes in 2013. >> before you go, how do you think the markets refact there's a stopgap measure? are they going to fear that more than if there was a permanent deal? >> markets hate uncertainty. that's the one thing. if we've got a stopgap measure, do we have a sense of when it will be resolved? some say go over the cliff, let's see what that looks like. i'd bo worried about that. we had a drop-off in the market on friday and that's about investors being uncertain about monday morning. i'll keep my eyes close to the markets on sunday night when asian markets open and monday when we have a shortened trading day. if washington doesn't get its act together, the investors may send a strong message to washington to do something. >> ali velshi, thank you. >>> you can learn more about the fiscal cliff and other issues that are affecting y
takes this plodding economy into possibly an economy that's doing quite badly in a world, martin, where china is doing not as well, brazil isn't, india, europe's at a standstill. we can't afford this. it's that intangible that's more serious than how much you pay in taxes in 2013. >> before you go, how do you think the markets refact there's a stopgap measure? are they going to fear that more than if there was a permanent deal? >> markets hate uncertainty. that's the one thing. if...
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Dec 13, 2012
12/12
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. >>> a fight over a small cluster of uninhabited lands between japan and china. japan sent eight fighter jets after a chinese plane was seen near the islands. it was gone by the time they got there. china continues to claim the islands. the islands have been in japanese control for years. japan bought the privately owned islands in september. >>> some are calling it a break-through, north korea making its first successful long range rocket launch but less than 24 hours after liftoff a u.s. official tells cnn the country may not be in full control of the satellite. joining me is cnn contributor and retired u.s. army general spider marks. good morning. >> good morning. >> what does this mean? is this a setback for north korea? >> it's not a setback at all for north korea. north korea successfully launched something into an extra atmospheric orbit, albeit it's not control. they were able to build a three-stage missile and get an object into space. >> here is how leon pa net ta spoke about it. he spoke to erin burnett in afghanistan. >> this is a clear provocation. w
. >>> a fight over a small cluster of uninhabited lands between japan and china. japan sent eight fighter jets after a chinese plane was seen near the islands. it was gone by the time they got there. china continues to claim the islands. the islands have been in japanese control for years. japan bought the privately owned islands in september. >>> some are calling it a break-through, north korea making its first successful long range rocket launch but less than 24 hours after...
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Dec 6, 2012
12/12
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. >> so cook confirmed to cnn apple will spend $100 million to shift assembly from china to the u.s. frankly, that's a drop in the bucket for a company of its size. it's hard to say right now if that means expanding current operations or even building out brand new ones. apple has taken a lot of criticism for its relationship with fox con in china so bringing back jobs here would take a little bit of heat off. >> the news comes at an interesting time too because the company's stock is down quite a bit right now. it's fallen in the last couple days, right? >> you've got that right. apple shares were down before and now trading up a bit here about 1.5% trading at 547. the company hit an all-time high above 700 just this fall but since then it's really been a tough run for the stock. the big tumble came wednesday when shares of gadget giant slid more than 6%. the thing is there's no clear explanation as to why. some analysts are saying it's because of chatter that some firms raised their margin requirements on the stock and just to backtrack what that means. it's harder for investors to
. >> so cook confirmed to cnn apple will spend $100 million to shift assembly from china to the u.s. frankly, that's a drop in the bucket for a company of its size. it's hard to say right now if that means expanding current operations or even building out brand new ones. apple has taken a lot of criticism for its relationship with fox con in china so bringing back jobs here would take a little bit of heat off. >> the news comes at an interesting time too because the company's stock...
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Dec 26, 2012
12/12
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. >>> in china, the world's longest highway -- high speed railway is set to open. it connects beijing with go gongzou. it slashes travel time from 22 hours to just eight. but the tickets starting at $138 are still a little steep for some and many travelers say it is still cheaper and faster to fly. >>> so we asked you to pick the most intriguing people of 2012. who is number one? we'll show you along with the rest. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> lrtd, so it is the day after christmas and typically that means a food hangover. it was worth it, wasn't it? so good. but in the uk, canada, and some other parts of the world, people are cel
. >>> in china, the world's longest highway -- high speed railway is set to open. it connects beijing with go gongzou. it slashes travel time from 22 hours to just eight. but the tickets starting at $138 are still a little steep for some and many travelers say it is still cheaper and faster to fly. >>> so we asked you to pick the most intriguing people of 2012. who is number one? we'll show you along with the rest. time for citi price rewind. because your daughter really wants...